The state of things to come

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After the chaos of 2008, OBSR's Richard Romer-Lee takes a look at the year ahead and it doesn't look good

What should we as investors be thinking about going into the New Year after, let's face it, probably the hardest year in our careers? It's the economy - the sole driver for the market currently is the perceived or actual state of the global economy. Investors must decide between recession and reflation or deflation and depression The priority for investors is the return of their money rather than the return on their money. Short-term money market rates and bond yields have collapsed to generational lows in reaction. Interestingly the 10-year Treasury note is, despite all the panic, follow...

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